Artemis Resources Limited

Regulatory Filings • Mar 19, 2025

National Storage Mechanism | Additional information RNS Number : 1669B Artemis Resources Limited 19 March 2025 The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation ("MAR") (EU) No. 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain. 19 March 2025 PILBARA GOLD - CARLOW TENEMENT Phase one DRILLING COMPLETED _____________ Artemis Resources Limited ("Artemis" or "the Company") (ASX/AIM:ARV) is pleased to announce completion of the first phase of drilling (reported on 28 January 2025) to test three previously undrilled, high priority gold targets on the Carlow Tenement. Highlights �� Five diamond holes were completed during Phase 1 for a total 1,790m drilled �� Drilling tested three high priority gold targets within a >4km long corridor centred around the Company's Carlow gold/copper deposit �� Target areas drilled: o Titan gold prospect, 2km northwest of the Carlow deposit o Marillion EM target, 800m east of the Carlow deposit o Potential extensions down plunge from the Carlow deposit �� All three holes at Titan intersected a wide zone of hydrothermal alteration and veining in an ultramafic sequence down dip from a surface gold occurence1 �� The base of the Titan ultramafic sequence is intruded by a porphyry sill and overlies strongly altered, brecciated and veined metasediments and chert �� pXRF2 readings of drill core from Titan recorded at 1m intervals across the alteration zone identified highly elevated levels of arsenic in all three holes �� Arsenic can be associated with gold mineralisation, notably in the emerging north Pilbara gold province and including at Artemis's Carlow deposit �� Re-modelling of geophysical data confirms the Titan holes were drilled across a regional northwest trending structure with no previous drilling �� Both drill holes completed at the Marillion and Carlow extension targets intersected zones of vein hosted, stringer and semi massive sulphides �� Numerous samples of drill core from the five drill holes have been sent for assay with results expected in coming weeks �� Note1 - Refer to previous Artemis announcements regarding surface gold occurrences at Titan Prospect, listed in Table 1 in this announcement �� Note2 - The following Disclaimer relates to pXRF readings referred to in this announcement, listed in Table 2 and further defined in JORC Table 1: "The exploration results reported herein include portable X-ray fluorescence (pXRF) measurements, which are considered preliminary and semi-quantitative in nature. The pXRF data have not been verified by independent laboratory assays. The pXRF results should not be considered as a substitute for traditional laboratory analysis, and caution should be exercised when interpreting these results. The Competent Person has reviewed the data and believes the data provide a reasonable indication of geochemical signature of certain geological units subject to confirmation by further analytical methods. "The exploration results reported herein include portable X-ray fluorescence (pXRF) measurements, which are considered preliminary and semi-quantitative in nature. The pXRF data have not been verified by independent laboratory assays. The pXRF results should not be considered as a substitute for traditional laboratory analysis, and caution should be exercised when interpreting these results. The Competent Person has reviewed the data and believes the data provide a reasonable indication of geochemical signature of certain geological units subject to confirmation by further analytical methods. Commenting on the drilling program, Managing Director Julian Hanna said: "I am pleased to report completion of the Phase 1 drilling program targeting gold at the Carlow Tenement in line with our announcement on 28 January 2025. Five holes for a total of 1,790m were drilled at the Titan prospect, the Marillion conductor and as an initial test of possible extensions down plunge from the Carlow deposit. The drilling program was successful for several reasons. Firstly, it provided very encouraging early indications from the Titan prospect where high-grade surface gold occurrences1 were announced in 2024 from samples of quartz/ironstone veins and chert outcrops in four different areas at Titan. While we await assay results to confirm if gold has been intersected at Titan, wide zones of alteration, quartz veining and brecciation were reported in drill core from the three holes drilled to date. Visual observations of hydrothermal-type alteration and intensive veining at Titan are supported by systematic pXRF2 readings of drill core from the three Titan holes. pXRF readings 2 include highly elevated arsenic values (up to 3,460ppm arsenic)directly above the contact between an ultramafic sequence and an interpreted porphyry intrusion. (Refer to Figure 4 and Table 2). If gold is associated with arsenic at Titan, this may open-up potential well beyond the area drilled to date. Drilling at Marillion and Carlow was also successful, intersecting several zones of vein hosted, stringer and semi-massive pyrrhotite with locally visible chalcopyrite sulphide within the target basalt and underlying chert sequence. Overall, this initial drilling program is already changing our understanding of the geological and structural setting as well as the wider gold potential of this highly mineralised area. Numerous samples from the five diamond holes have been sent for assay and we look forward to announcing results in the near future." Drilling Summary The Phase I drilling program commenced in early February using locally based drilling contractor West Core Drilling. Diamond drilling started from surface and was effective in providing drill core through the surface oxidation profile, hydrothermal alteration zones and into silicified metasediments which include quartz veins and chert units. Five drill holes were completed over a five-week period for a total 1,790m drilled. Three holes were drilled as an initial test of the Titan gold prospect located 2km northwest of the Carlow deposit. The holes were drilled down dip from one of four known surface gold occurrences1 discovered in 2024. (Refer to Figures 3 and 4). pXRF readings2 of the Titan drill core taken at 1m intervals has defined a continuous zone with elevated levels of arsenic near the base of an ultramafic sequence which displays local spinifex textures, green chrome micas and elevated chromium in pXRF readings2. (Refer to Figure 4 and Table 2). Assays are awaited to determine if gold is associated with the elevated arsenic in pXRF readings2 in the three Titan drill holes. In addition to Titan, one hole was drilled to test the large Marillion EM conductor 800m east of the Carlow deposit, and one hole was drilled to scope out the potential for extensions down plunge from previous high-grade gold intersections in the Carlow deposit. (Refer to Figure 5). The Marillion and Carlow extension holes both intersected zones of visible pyrrhotite sulphide containing local intervals of chalcopyrite within the target basalt and chert sequence. Figure 1: Artemis tenements in Pilbara region of Western Australia with Carlow Tenement hatched Figure 2: Carlow Tenement - gravity image showing: Titan gravity low feature (blue), location of high-grade surface gold occurrences1 sampled from quartz/Fe veins and chert outcrops, area of recent drilling at Titan (yellow circle), outline of Carlow deposit and Marillion EM target. Figure 3: Carlow Tenement - interpreted key elements of the Regal thrust zone showing: chert outcrops (brown), major thrusts (black), Titan gravity-low feature (purple) extending >7km across Carlow Tenement, area of recent drilling at Titan (yellow circle), interpreted gravity-high anomalies (G1-G3) and EM conductive plates (C1-C5). Figure 4: Titan drill section - interpreted cross section looking north-west showing three sequences interpreted from drill core and the high arsenic zone based on pXRF readings 2 . (Refer to Table 2) Figure 5. Long section through Carlow gold/copper deposit and Marillion Electro Magnetic (EM) conductor showing the two diamond drill holes completed in the Phase 1 program. Contacts: Artemis Resources Ltd Guy Robertson, Chairman Julian Hanna, Managing Director [email protected] Zeus (Nomad & Broker) Antonio Bossi / James Bavister / Gabriella Zwarts Tel: +44 20 3829 5000 Competent Person Statement The information in this report that relates to Exploration Results was compiled by Mr Julian Hanna, a Competent Person who is a member of the Australasian Institute of Mining and Metallurgy (MAusIMM). Mr Hanna is Managing Director of Artemis Resources Ltd and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Hanna consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. No New Information To the extent that this announcement contains references to prior exploration results which have been cross referenced to previous market announcements made by the Company, unless explicitly stated, no new information is contained. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements and, in the case of estimates of Mineral Resources, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. About Artemis Resources Artemis Resources (ASX/AIM:ARV) is a gold, copper and lithium focused resources company with a highly attractive suite of projects in Western Australia's underexplored North Pilbara Gold Province. �� Attractive projects: o Gold/Copper - The Karratha Gold Project (100%) with multiple prospects including the Carlow gold/copper project and The Paterson Gold/Copper Project. o Lithium - Mt Marie Lithium and Osborne East prospects (100%), & Osborne Lithium JV (49%); �� Highly strategic location: Tier 1 jurisdiction, close proximity to major hub at Karratha including regional rail and road infrastructure, administrative centre and the Dampier Port �� Significant exploration upside: highly prospective tenure package in the Pilbara Region of Western Australia which is the next frontier for battery minerals growth �� Mineral Resource with growth potential: existing high-grade gold-copper-cobalt Inferred Mineral Resource at Carlow (100%-owned tenure) �� Established processing site at Radio Hill: strategically located, fully permitted �� IOCG Exploration Target: Artemis has applied for a 340km2 exploration licence over a large interpreted magnetic intrusion considered prospective for IOCG type copper/gold, located 440km east of Kalgoorlie. The application is expected to be granted in mid 2025 Note 1: Artemis ASX announcements relating to surface rock chip results from the Karratha Gold Project referred to in this announcement: High grade rock chip gold assays, 12 June 2024 High grade gold vein discovery at Titan prospect, 16 August 2024 High grade gold vein discovery at Titan prospect amended, 16 August 2024 Titan prospect results - clarification statement, 17 September 2024 Titan delivers further high-grade rock chip results, 10 October 2024 New Regional Discovery High-Grade Cu, Au, Ag Chapman Prospect, 6 December 2021 Appendix Table 1 : Drill hole details. Project HoleID Easting Northing Grid Azi Dip EOH Carlow Extensions 25ARDD002 507832 7698267 GDA94 MGA zone 50 340 -50 527.4 Marillion 25ARDD001 508346 7698466 GDA94 MGA zone 50 0 -70 714.6 Titan East 25ARDD003 505827 7699444 GDA94 MGA zone 50 45 -50 148.4 Titan East 25ARDD004 505812 7699429 GDA94 MGA zone 50 45 -65 162.5 Titan East 25ARDD005 505783 7699400 GDA94 MGA zone 50 45 -70 237.3 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD003 0 1 22 2 902 44 25ARDD003 30 31 91 2 1037 35 25ARDD003 1 2 <LOD 8 1806 55 25ARDD003 31 32 357 5 1237 34 25ARDD003 2 3 <LOD 6 407 29 25ARDD003 32 33 8 2 <LOD 129 25ARDD003 3 4 23 2 2547 49 25ARDD003 33 34 175 3 642 28 25ARDD003 4 5 11 1 346 25 25ARDD003 34 35 60 2 656 30 25ARDD003 5 6 16 1 1868 45 25ARDD003 35 36 275 3 679 27 25ARDD003 6 7 34 2 5183 74 25ARDD003 36 37 62 2 576 30 25ARDD003 7 8 6 1 405 30 25ARDD003 37 38 20 1 848 33 25ARDD003 8 9 45 2 2584 55 25ARDD003 38 39 459 6 1979 37 25ARDD003 9 10 116 3 5226 70 25ARDD003 39 40 10 1 177 21 25ARDD003 10 11 8 1 1804 47 25ARDD003 40 41 7 1 63 18 25ARDD003 11 12 88 2 6010 82 25ARDD003 41 42 5 1 49 16 25ARDD003 12 13 302 4 3540 59 25ARDD003 42 43 <LOD 8 <LOD 96 25ARDD003 13 14 316 5 3108 53 25ARDD003 43 44 <LOD 5 <LOD 69 25ARDD003 14 15 270 4 2208 48 25ARDD003 44 45 4 1 <LOD 69 25ARDD003 15 16 653 8 1171 42 25ARDD003 45 46 <LOD 6 <LOD 83 25ARDD003 16 17 289 5 4413 68 25ARDD003 46 47 <LOD 5 <LOD 68 25ARDD003 17 18 253 3 3275 43 25ARDD003 47 48 <LOD 5 <LOD 75 25ARDD003 18 19 192 4 2339 52 25ARDD003 48 49 16 2 69 22 25ARDD003 19 20 95 2 2509 47 25ARDD003 49 50 <LOD 5 <LOD 72 25ARDD003 20 21 106 3 3486 62 25ARDD003 50 51 <LOD 5 <LOD 71 25ARDD003 21 22 75 2 1151 35 25ARDD003 51 52 <LOD 5 <LOD 67 25ARDD003 22 23 326 4 1528 35 25ARDD003 52 53 <LOD 5 <LOD 76 25ARDD003 23 24 231 4 1141 34 25ARDD003 53 54 <LOD 5 70 20 25ARDD003 24 25 111 3 4292 66 25ARDD003 54 55 <LOD 5 49 17 25ARDD003 25 26 257 4 2572 46 25ARDD003 55 56 <LOD 5 <LOD 70 25ARDD003 26 27 199 4 2057 56 25ARDD003 56 57 4 1 <LOD 84 25ARDD003 27 28 601 8 2380 48 25ARDD003 57 58 <LOD 6 <LOD 87 25ARDD003 28 29 630 8 2337 47 25ARDD003 58 59 <LOD <LOD 25ARDD003 29 30 775 10 2527 52 25ARDD003 59 60 <LOD 2 <LOD 16 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD003 60 61 <LOD 621 25ARDD003 90 91 9 1 408 27 25ARDD003 61 62 9 1 599 24 25ARDD003 91 92 23 2 381 25 25ARDD003 62 63 6 2 667 19 25ARDD003 92 93 8 1 352 24 25ARDD003 63 64 15 3 575 24 25ARDD003 93 94 8 1 57 19 25ARDD003 64 65 6 4 1203 39 25ARDD003 94 95 36 2 891 32 25ARDD003 65 66 37 3 1061 16 25ARDD003 95 96 12 1 65 19 25ARDD003 66 67 15 3 627 26 25ARDD003 96 97 11 1 351 25 25ARDD003 67 68 12 2 622 25 25ARDD003 97 98 12 1 331 26 25ARDD003 68 69 10 3 273 17 25ARDD003 98 99 18 1 290 23 25ARDD003 69 70 50 2 610 22 25ARDD003 99 100 35 2 251 23 25ARDD003 70 71 55 4 544 16 25ARDD003 100 101 35 2 807 31 25ARDD003 71 72 6 3 432 16 25ARDD003 101 102 10 1 566 29 25ARDD003 72 73 9 2 196 17 25ARDD003 102 103 11 1 754 32 25ARDD003 73 74 <LOD 5 57 19 25ARDD003 103 104 5 1 651 30 25ARDD003 74 75 <LOD 6 <LOD 82 25ARDD003 104 105 43 2 377 23 25ARDD003 75 76 <LOD 1 88 77 25ARDD003 105 106 40 2 600 28 25ARDD003 76 77 4 1 <LOD 19 25ARDD003 106 107 25 1 589 28 25ARDD003 77 78 7 1 69 23 25ARDD003 107 108 3 1 281 24 25ARDD003 78 79 13 3 142 42 25ARDD003 108 109 14 1 473 28 25ARDD003 79 80 104 3 1407 31 25ARDD003 109 110 88 2 580 27 25ARDD003 80 81 24 2 601 33 25ARDD003 110 111 42 2 517 26 25ARDD003 81 82 6 1 526 71 25ARDD003 111 112 7 1 357 24 25ARDD003 82 83 4 1 <LOD 23 25ARDD003 112 113 31 1 506 26 25ARDD003 83 84 4 5 342 19 25ARDD003 113 114 53 2 655 29 25ARDD003 84 85 <LOD 1 140 20 25ARDD003 114 115 43 2 416 26 25ARDD003 85 86 <LOD 4 93 18 25ARDD003 115 116 7 1 740 32 25ARDD003 86 87 28 2 397 23 25ARDD003 116 117 3 1 652 31 25ARDD003 87 88 <LOD 5 111 20 25ARDD003 117 118 21 1 465 27 25ARDD003 88 89 6 1 249 21 25ARDD003 118 119 19 1 431 26 25ARDD003 89 90 <LOD 5 412 24 25ARDD003 119 120 <LOD 5 459 27 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD003 120 121 50 2 535 27 25ARDD004 1 2 6 2 768 30 25ARDD003 121 122 67 2 533 27 25ARDD004 2 3 8 1 275 22 25ARDD003 122 123 45 2 568 26 25ARDD004 3 4 17 5 386 24 25ARDD003 123 124 18 1 712 27 25ARDD004 4 5 <LOD 1 348 29 25ARDD003 124 125 25 2 603 28 25ARDD004 5 6 4 6 482 31 25ARDD003 125 126 32 1 614 28 25ARDD004 6 7 <LOD 5 538 29 25ARDD003 126 127 40 2 657 30 25ARDD004 7 8 <LOD 6 488 29 25ARDD003 127 128 46 2 661 29 25ARDD004 8 9 <LOD 2 483 36 25ARDD003 128 129 83 2 392 25 25ARDD004 9 10 45 1 1113 28 25ARDD003 129 130 31 2 685 31 25ARDD004 10 11 8 6 503 34 25ARDD003 130 131 13 1 200 22 25ARDD004 11 12 <LOD 1 473 33 25ARDD003 131 132 83 2 376 24 25ARDD004 12 13 9 1 609 60 25ARDD003 132 133 4 1 361 25 25ARDD004 13 14 7 2 2738 32 25ARDD003 133 134 7 1 233 22 25ARDD004 14 15 48 2 1135 43 25ARDD003 134 135 33 2 434 25 25ARDD004 15 16 49 2 2678 54 25ARDD003 135 136 149 3 689 29 25ARDD004 16 17 65 3 4409 50 25ARDD003 136 137 5 1 523 29 25ARDD004 17 18 105 1 2974 38 25ARDD003 137 138 14 1 261 22 25ARDD004 18 19 139 3 5182 58 25ARDD003 138 139 48 2 512 27 25ARDD004 19 20 136 4 4595 64 25ARDD003 139 140 11 1 452 29 25ARDD004 20 21 216 2 4827 25 25ARDD003 140 141 29 2 353 25 25ARDD004 21 22 53 2 511 40 25ARDD003 141 142 10 1 543 28 25ARDD004 22 23 45 2 2577 38 25ARDD003 142 143 5 1 458 26 25ARDD004 23 24 49 2 2400 49 25ARDD003 143 144 <LOD 5 233 22 25ARDD004 24 25 63 1 4296 26 25ARDD003 144 145 4 1 575 29 25ARDD004 25 26 9 2 689 37 25ARDD003 145 146 9 1 406 26 25ARDD004 26 27 29 1 1498 28 25ARDD003 146 147 <LOD 5 279 23 25ARDD004 27 28 11 3 568 46 25ARDD003 147 148 3 1 734 32 25ARDD004 28 29 96 3 3117 43 25ARDD003 148 148.4 <LOD 5 533 27 25ARDD004 29 30 94 7 3139 27 25ARDD004 0 1 11 1 654 37 25ARDD004 30 31 167 1 1298 27 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD004 31 32 4 1 479 20 25ARDD004 61 62 107 2 5755 55 25ARDD004 32 33 34 3 343 119 25ARDD004 62 63 107 4 4180 62 25ARDD004 33 34 84 2 14175 22 25ARDD004 62 63 107 4 4180 62 25ARDD004 34 35 49 3 442 60 25ARDD004 63 64 158 2 3686 57 25ARDD004 35 36 62 4 5034 60 25ARDD004 64 65 48 1 3262 53 25ARDD004 36 37 127 4 5158 38 25ARDD004 65 66 9 1 2765 67 25ARDD004 37 38 138 3 2289 26 25ARDD004 66 67 16 26 4438 21 25ARDD004 38 39 107 1 601 17 25ARDD004 67 68 3079 1 396 36 25ARDD004 39 40 33 2 215 86 25ARDD004 68 69 26 1 1067 23 25ARDD004 40 41 95 1 7243 81 25ARDD004 69 70 9 1 180 19 25ARDD004 41 42 7 2 6705 25 25ARDD004 70 71 3 1 111 23 25ARDD004 42 43 68 1 568 64 25ARDD004 71 72 6 1 251 22 25ARDD004 43 44 27 2 4798 39 25ARDD004 72 73 3 1 177 23 25ARDD004 44 45 104 1 2124 57 25ARDD004 73 74 9 1 254 19 25ARDD004 45 46 20 20 3544 66 25ARDD004 74 75 9 6 128 84 25ARDD004 46 47 2695 22 5924 44 25ARDD004 75 76 <LOD <LOD 30 25ARDD004 47 48 2434 3 2720 32 25ARDD004 76 77 23 1 447 24 25ARDD004 48 49 173 10 884 67 25ARDD004 77 78 6 1 264 26 25ARDD004 49 50 1212 3 6998 60 25ARDD004 78 79 10 1 259 22 25ARDD004 50 51 213 5 4670 41 25ARDD004 79 80 5 1 163 27 25ARDD004 51 52 623 3 3221 49 25ARDD004 80 81 30 1 479 22 25ARDD004 52 53 257 3 3652 36 25ARDD004 81 82 <LOD 7 142 22 25ARDD004 53 54 240 3 2199 45 25ARDD004 82 83 <LOD 6 150 29 25ARDD004 54 55 161 5 2657 63 25ARDD004 83 84 22 1 596 24 25ARDD004 55 56 338 2 4156 31 25ARDD004 84 85 7 1 127 32 25ARDD004 56 57 75 12 757 33 25ARDD004 85 86 14 1 720 21 25ARDD004 57 58 1002 1 1334 52 25ARDD004 86 87 <LOD 7 70 22 25ARDD004 58 59 21 4 2481 51 25ARDD004 87 88 5 1 149 28 25ARDD004 59 60 284 4 2645 51 25ARDD004 88 89 54 2 465 27 25ARDD004 60 61 223 3 3876 73 25ARDD004 89 90 55 2 591 30 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD004 90 91 8 1 648 27 25ARDD004 120 121 12 1 423 26 25ARDD004 91 92 20 1 502 37 25ARDD004 121 122 <LOD 5 373 28 25ARDD004 92 93 11 1 1043 43 25ARDD004 122 123 5 1 417 43 25ARDD004 93 94 10 2 961 32 25ARDD004 123 124 27 2 1343 27 25ARDD004 94 95 20 1 768 28 25ARDD004 124 125 33 2 473 28 25ARDD004 95 96 6 1 512 87 25ARDD004 125 126 6 1 536 23 25ARDD004 96 97 <LOD 7 <LOD 29 25ARDD004 126 127 <LOD 5 206 30 25ARDD004 97 98 16 2 428 25 25ARDD004 127 128 7 1 594 19 25ARDD004 98 99 22 1 463 24 25ARDD004 128 129 <LOD 5 69 36 25ARDD004 99 100 <LOD 5 448 23 25ARDD004 129 130 5 1 945 28 25ARDD004 100 101 6 1 355 25 25ARDD004 130 131 5 1 448 18 25ARDD004 101 102 21 1 553 25 25ARDD004 131 132 23 2 219 28 25ARDD004 102 103 8 1 497 26 25ARDD004 132 133 43 2 527 25 25ARDD004 103 104 4 1 460 26 25ARDD004 133 134 32 2 337 30 25ARDD004 104 105 53 2 475 23 25ARDD004 134 135 21 1 635 22 25ARDD004 105 106 22 1 348 22 25ARDD004 135 136 6 1 135 28 25ARDD004 106 107 31 1 344 23 25ARDD004 136 137 12 1 482 23 25ARDD004 107 108 21 1 410 26 25ARDD004 137 138 20 1 242 30 25ARDD004 108 109 9 1 387 33 25ARDD004 138 139 17 1 589 26 25ARDD004 109 110 103 2 833 28 25ARDD004 139 140 11 1 335 31 25ARDD004 110 111 22 1 497 26 25ARDD004 140 141 5 1 664 26 25ARDD004 111 112 81 2 476 25 25ARDD004 141 142 14 1 359 25 25ARDD004 112 113 24 1 359 41 25ARDD004 142 143 12 1 313 20 25ARDD004 113 114 23 1 1282 21 25ARDD004 143 144 <LOD 5 86 30 25ARDD004 114 115 15 1 126 23 25ARDD004 144 145 <LOD 5 578 24 25ARDD004 115 116 193 3 307 24 25ARDD004 145 146 5 1 247 30 25ARDD004 116 117 744 8 328 27 25ARDD004 146 147 5 1 572 30 25ARDD004 117 118 15 1 392 27 25ARDD004 147 148 12 1 542 22 25ARDD004 118 119 9 1 422 23 25ARDD004 148 149 5 1 199 74 25ARDD004 119 120 6 1 199 27 25ARDD004 149 150 <LOD 5 <LOD 27 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD004 150 151 27 2 503 29 25ARDD005 18 19 <LOD 5 759 32 25ARDD004 151 152 <LOD 5 590 22 25ARDD005 19 20 19 1 992 36 25ARDD004 152 153 <LOD 5 147 26 25ARDD005 20 21 4 1 618 31 25ARDD004 153 154 <LOD 6 379 25 25ARDD005 21 22 32 1 799 31 25ARDD004 154 155 3 1 356 25 25ARDD005 22 23 16 1 753 31 25ARDD004 155 156 5 1 355 21 25ARDD005 23 24 9 1 671 32 25ARDD004 156 157 <LOD 5 174 21 25ARDD005 24 25 8 1 579 29 25ARDD004 157 158 <LOD 5 111 24 25ARDD005 25 26 5 1 613 29 25ARDD004 158 159 <LOD 5 312 21 25ARDD005 26 27 22 1 590 27 25ARDD004 159 160 <LOD 5 128 30 25ARDD005 27 28 51 1 257 20 25ARDD004 160 161 157 3 628 26 25ARDD005 28 29 4 6 102 19 25ARDD004 161 162 8 1 442 103 25ARDD005 29 30 <LOD 5 71 20 25ARDD005 0 1 24 2 315 23 25ARDD005 30 31 <LOD 5 101 19 25ARDD005 1 2 114 3 256 24 25ARDD005 31 32 <LOD 1 71 20 25ARDD005 2 3 39 2 379 27 25ARDD005 32 33 4 5 58 80 25ARDD005 3 4 15 1 323 23 25ARDD005 33 34 <LOD 1 <LOD 20 25ARDD005 4 5 32 4 183 22 25ARDD005 34 35 4 1 94 27 25ARDD005 5 6 <LOD 6 531 31 25ARDD005 35 36 15 1 464 23 25ARDD005 6 7 <LOD 5 743 33 25ARDD005 36 37 16 2 313 35 25ARDD005 7 8 3 1 372 28 25ARDD005 37 38 59 1 1131 31 25ARDD005 8 9 <LOD 6 559 31 25ARDD005 38 39 5 14 537 32 25ARDD005 9 10 <LOD 6 852 36 25ARDD005 39 40 471 1 821 48 25ARDD005 10 11 <LOD 5 267 23 25ARDD005 40 41 22 1 2393 46 25ARDD005 11 12 4 1 677 31 25ARDD005 41 42 9 1 2074 55 25ARDD005 12 13 <LOD 6 417 29 25ARDD005 42 43 5 1 2678 51 25ARDD005 13 14 4 1 642 31 25ARDD005 43 44 5 4 2390 51 25ARDD005 14 15 7 1 813 33 25ARDD005 44 45 95 2 3355 68 25ARDD005 15 16 <LOD 5 417 26 25ARDD005 45 46 30 1 4844 68 25ARDD005 16 17 12 1 639 30 25ARDD005 46 47 23 2 3720 53 25ARDD005 17 18 <LOD 5 489 28 25ARDD005 47 48 71 3 3529 44 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD005 48 49 145 1 2462 46 25ARDD005 78 79 41 5 3444 72 25ARDD005 49 50 26 2 2177 56 25ARDD005 79 80 <LOD 1 5088 72 25ARDD005 50 51 46 1 2869 46 25ARDD005 80 81 7 1 4125 22 25ARDD005 51 52 13 1 2335 41 25ARDD005 81 82 5 12 163 39 25ARDD005 52 53 4 1 1776 50 25ARDD005 82 83 951 2 1982 35 25ARDD005 53 54 25 1 2568 57 25ARDD005 83 84 85 3 1063 50 25ARDD005 54 55 22 1 2323 58 25ARDD005 84 85 130 33 2688 39 25ARDD005 55 56 6 1 3432 35 25ARDD005 85 86 3460 3 2116 50 25ARDD005 56 57 4 5 1365 35 25ARDD005 86 87 185 3 2702 61 25ARDD005 57 58 <LOD 1 1149 36 25ARDD005 87 88 260 3 4196 46 25ARDD005 58 59 13 5 1358 37 25ARDD005 88 89 207 9 2556 33 25ARDD005 59 60 <LOD 1 1623 44 25ARDD005 89 90 861 1 1212 73 25ARDD005 60 61 5 5 1930 35 25ARDD005 90 91 113 4 6127 55 25ARDD005 61 62 <LOD 5 1409 45 25ARDD005 91 92 174 3 2126 48 25ARDD005 62 63 <LOD 5 2188 41 25ARDD005 92 93 387 2 4191 66 25ARDD005 63 64 <LOD 4 1837 38 25ARDD005 93 94 5 4 1594 55 25ARDD005 64 65 <LOD 5 1977 46 25ARDD005 94 95 75 1 7951 55 25ARDD005 65 66 <LOD 1 2817 38 25ARDD005 95 96 49 2 3604 68 25ARDD005 66 67 3 5 1980 39 25ARDD005 96 97 358 4 1154 38 25ARDD005 67 68 <LOD 5 1802 40 25ARDD005 97 98 24 1 1230 36 25ARDD005 68 69 <LOD 2 1828 65 25ARDD005 98 99 24 1 64 20 25ARDD005 69 70 5 1 4107 40 25ARDD005 99 100 122 2 55 18 25ARDD005 70 71 20 1 1815 42 25ARDD005 100 101 <LOD 5 <LOD 72 25ARDD005 71 72 5 2 2121 59 25ARDD005 101 102 <LOD 7 <LOD 79 25ARDD005 72 73 6 1 2813 51 25ARDD005 102 103 <LOD 6 <LOD 87 25ARDD005 73 74 7 1 3102 50 25ARDD005 103 104 4 1 <LOD 87 25ARDD005 74 75 7 5 3167 26 25ARDD005 104 105 12 1 <LOD 79 25ARDD005 75 76 <LOD 1 430 77 25ARDD005 105 106 7 1 <LOD 74 25ARDD005 76 77 22 1 7222 42 25ARDD005 106 107 10 1 <LOD 69 25ARDD005 77 78 9 1 1726 56 25ARDD005 107 108 5 1 <LOD 66 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD005 108 109 4 1 <LOD 75 25ARDD005 138 139 <LOD 6 64 20 25ARDD005 109 110 11 1 <LOD 71 25ARDD005 139 140 4 1 56 19 25ARDD005 110 111 7 1 <LOD 67 25ARDD005 140 141 9 1 <LOD 87 25ARDD005 111 112 3 1 <LOD 68 25ARDD005 141 142 5 1 <LOD 74 25ARDD005 112 113 4 1 <LOD 68 25ARDD005 142 143 6 1 <LOD 76 25ARDD005 113 114 21 2 <LOD 99 25ARDD005 143 144 <LOD 6 <LOD 76 25ARDD005 114 115 3 1 <LOD 76 25ARDD005 144 145 4 1 <LOD 77 25ARDD005 115 116 <LOD 5 <LOD 72 25ARDD005 145 146 <LOD 6 <LOD 80 25ARDD005 116 117 132 3 <LOD 96 25ARDD005 146 147 4 1 77 20 25ARDD005 117 118 61 2 <LOD 98 25ARDD005 147 148 <LOD 5 <LOD 77 25ARDD005 118 119 424 5 <LOD 87 25ARDD005 148 149 4 1 <LOD 79 25ARDD005 119 120 100 2 <LOD 87 25ARDD005 149 150 <LOD 6 88 20 25ARDD005 120 121 105 3 151 18 25ARDD005 150 151 <LOD 6 <LOD 78 25ARDD005 121 122 92 2 <LOD 92 25ARDD005 151 152 4 1 <LOD 80 25ARDD005 122 123 16 2 <LOD 88 25ARDD005 152 153 <LOD 5 <LOD 79 25ARDD005 123 124 <LOD 6 <LOD 89 25ARDD005 153 154 4 1 <LOD 78 25ARDD005 124 125 <LOD 6 <LOD 89 25ARDD005 154 155 <LOD 6 <LOD 80 25ARDD005 125 126 7 1 160 21 25ARDD005 155 156 57 12 411 38 25ARDD005 126 127 6 1 <LOD 83 25ARDD005 156 157 <LOD 5 210 22 25ARDD005 127 128 7 1 <LOD 85 25ARDD005 157 158 6 1 846 35 25ARDD005 128 129 9 1 <LOD 83 25ARDD005 158 159 <LOD 5 246 23 25ARDD005 129 130 21 1 <LOD 78 25ARDD005 159 160 <LOD 6 510 29 25ARDD005 130 131 9 1 <LOD 84 25ARDD005 160 161 6 1 1188 41 25ARDD005 131 132 7 1 74 20 25ARDD005 161 162 13 1 603 31 25ARDD005 132 133 9 1 <LOD 90 25ARDD005 162 163 <LOD 6 <LOD 88 25ARDD005 133 134 9 1 <LOD 82 25ARDD005 163 164 15 1 669 31 25ARDD005 134 135 <LOD 6 <LOD 81 25ARDD005 164 165 <LOD 6 1124 41 25ARDD005 135 136 5 1 <LOD 78 25ARDD005 165 166 <LOD 6 273 24 25ARDD005 136 137 9 1 77 19 25ARDD005 166 167 69 2 809 33 25ARDD005 137 138 6 1 <LOD 92 25ARDD005 167 168 16 1 777 33 Hole ID From To As_ppm As error Cr_ppm Cr Error Hole ID From To As_ppm As error Cr_ppm Cr Error 25ARDD005 168 169 7 1 449 27 25ARDD005 198 199 <LOD 6 154 24 25ARDD005 169 170 13 1 349 25 25ARDD005 199 200 6 1 705 31 25ARDD005 170 171 71 2 582 30 25ARDD005 200 201 <LOD 5 505 28 25ARDD005 171 172 16 1 197 22 25ARDD005 201 202 <LOD 5 328 25 25ARDD005 172 173 38 2 655 30 25ARDD005 202 203 9 1 410 27 25ARDD005 173 174 <LOD 5 180 22 25ARDD005 203 204 7 1 545 29 25ARDD005 174 175 4 1 200 22 25ARDD005 204 205 31 2 694 31 25ARDD005 175 176 20 1 301 24 25ARDD005 205 206 6 1 426 26 25ARDD005 176 177 <LOD 5 331 26 25ARDD005 206 207 <LOD 5 163 22 25ARDD005 177 178 14 1 520 29 25ARDD005 207 208 7 1 788 34 25ARDD005 178 179 56 2 599 30 25ARDD005 208 209 <LOD 5 451 27 25ARDD005 179 180 89 2 939 36 25ARDD005 209 210 4 1 838 31 25ARDD005 180 181 203 3 547 30 25ARDD005 210 211 <LOD 6 297 25 25ARDD005 181 182 6 1 219 23 25ARDD005 211 212 <LOD 5 226 24 25ARDD005 182 183 5 1 429 27 25ARDD005 212 213 4 1 530 27 25ARDD005 183 184 <LOD 5 173 22 25ARDD005 213 214 6 1 767 32 25ARDD005 184 185 <LOD 5 176 22 25ARDD005 214 215 <LOD 5 593 29 25ARDD005 185 186 <LOD 5 98 20 25ARDD005 215 216 28 2 919 36 25ARDD005 186 187 4 1 276 24 25ARDD005 216 217 <LOD 5 705 30 25ARDD005 187 188 4 1 606 31 25ARDD005 217 218 6 1 409 26 25ARDD005 188 189 <LOD 6 657 31 25ARDD005 218 219 6 1 569 29 25ARDD005 189 190 25 2 391 26 25ARDD005 219 220 6 1 420 27 25ARDD005 190 191 <LOD 6 492 29 25ARDD005 191 192 5 1 365 27 25ARDD005 192 193 9 1 788 33 25ARDD005 193 194 <LOD 6 532 30 25ARDD005 194 195 5 1 608 30 25ARDD005 195 196 <LOD 5 682 31 25ARDD005 196 197 <LOD 5 317 25 25ARDD005 197 198 <LOD 5 96 20 Table 2 : pXRF readings showing As and Cr values from Titan Drilling (25ARDD003-25ARDD005) - pending laboratory assays. JORC Code, 2012 Edition - Table 1 Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.) Criteria JORC Code explanation Commentary Sampling techniques �� Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. �� Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. �� Aspects of the determination of mineralisation that are Material to the Public Report. �� In cases where 'industry standard' work has been done this would be relatively simple (eg 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information. �� Portable XRF has been used on downhole 1m intervals by analyzing drill core �� Portable XRF is calibrated daily along with CRM checks during analysis �� Portable XRF results were used for geochemical rather than mineralization purposes, with a focus on As an indicator for potential Au mineralization. Highest As value recorded was 3460ppm. Cr was used as a guide for lithological constraints identifying potential ultramafic units, the highest value recorded was 14175ppm. �� Half core drill samples were bagged and dispatched to the ALS Global Perth Laboratory for analysis. �� These were exploratory drill holes with the primary aim to identify or not mineralization associated with surface anomalies, electro magnetic conductor plates, and extension to the existing Carlow Castle deposit. �� Selective sampling was conducted on the 25ARDD001, 25ARDD002 and 25ARDD005 holes targeting mineralized zones as determined by the onsite geology team. �� 25ARDD003-004 have been fully sampled. Drilling techniques �� Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc). �� Diamond drill hole 25ARDD001 was drilled at 700 dip and 00 azimuth with a pre-collar HQ core from surface to 50m and NQ to end of hole at 714.6m �� Diamond drill hole 25ARDD002 was drilled at 600 dip and 3400 azimuth with a pre collar HQ core from surface to 24.3m and NQ to end of hole at 527.4m �� Diamond drill hole 25ARDD003 was drilled at 500 dip and 0450 azimuth with a pre collar HQ core from surface to 99.9m and NQ to end of hole at 148.4m. �� Diamond drill hole 25ARDD004 was drilled at 650 dip and 0450 azimuth and was drilled HQ to end of hole at 162,5m �� Diamond drill hole 25ARDD005 was drilled at 700 dip and 0450 azimuth and was drilled HQ from surface to end of hole at 237.3m �� A Sandvik DE-710 track mounted multi-purpose drill rig operated by West Core was used. Drill sample recovery �� Method of recording and assessing core and chip sample recoveries and results assessed. �� Measures taken to maximise sample recovery and ensure representative nature of the samples. �� Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material. �� Core recovery has been measured from drillers run blocks with % of the sample intervals recovered. �� Diamond core has been reconstructed into continuous runs with depths checked against the depths given on the drillers core blocks. �� The geologist visually assessed drill core recoveries and these were recorded and were generally good except in the oxidation zones. �� The core was recovered using a standard core barrel and the core was placed into core trays, �� Only selected intervals of core were selected for analysis Logging �� Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. �� Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. �� The total length and percentage of the relevant intersections logged. �� All five holes were geologically logged for lithology, weathering and other features. The level of geological details is commensurate with the nature and limitations of this exploratory drilling technique. �� The drilling was supervised by a consultant of Artemis Resources and using experienced geological contractors provided by APEX Geoscience. �� These are isolated exploratory drill holes which renders the assay results unsuitable for Resource Estimation. Although data acquired from this program would compliment future drilling and could assist with Resource Estimation. �� Data relating to the geological observations and the sampling intervals was entered in a database and the core is stored at the core shed located at Karratha. �� Selected samples will be sent for petrographic analysis at a later date to confirm lithological descriptions. Sub-sampling techniques and sample preparation �� If core, whether cut or sawn and whether quarter, half or all core taken. �� If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. �� For all sample types, the nature, quality and appropriateness of the sample preparation technique. �� Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. �� Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. �� Whether sample sizes are appropriate to the grain size of the material being sampled. �� The mineralized sections of HQ and NQ core were sawn in half, with half core samples sent for analysis. �� Where core loss was encountered in potentially mineralized zones samplers were composited, this applies to 25ARDD003-25ARDD005. �� The samples were then sent to ALS Global Laboratory in Perth for sample preparation and analysis using MEMS61 and 50g fire assay techniques. �� The sample sizes were appropriate for the style of mineralisation being investigated. Quality of assay data and laboratory tests �� The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. �� For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. �� Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established. �� Laboratory Certified Reference Materials and/or in-house controls, blanks, splits and replicates are analysed with each batch of samples by the laboratory. These quality control results are reported along with the sample values in their final report. Selected samples are also re-analysed to confirm anomalous results. �� Assay results from the samples taken are not yet available. �� �� Verification of sampling and assaying �� The verification of significant intersections by either independent or alternative company personnel. �� The use of twinned holes. �� Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. �� Discuss any adjustment to assay data. �� Drill collar data, sample information, logging data and assay results are yet to be completed, compiled, and validated by a separate person to the person conducting the logging and sampling. �� Data is stored electronically in a database managed by Artemis Resources. Location of data points �� Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. �� Specification of the grid system used. �� Quality and adequacy of topographic control. �� A hand held DGPS will be used to record the collar location and RL of the drill hole. �� Down hole orientation surveys were completed on the drill hole at approximately 30m intervals and a final continuous survey once each hole had been completed. �� The grid system used is GDA94, MGA zone 50. Data spacing and distribution �� Data spacing for reporting of Exploration Results. �� Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. �� Whether sample compositing has been applied. �� The samples have been taken from isolated drill holes which were drilled to test and identify the source of a strong electro magnetic conductor (25ARDD001), high grade extensional plunge to the East of Carlow Castle deposit (25ARDD002) and potential extent of mineralization at Titan based on high grade surface samples (25ARDD003-25ARDD005) Orientation of data in relation to geological structure �� Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. �� If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material. �� The regional stratigraphy and known mineralization trends at Carlow have an East-West strike and dip steeply (600-700), regional stratigraphy has a steep dip 700 to the south. �� Sampling bias is not considered an issue with respect to the core sampling of these exploratory drill holes. The relationship of lithology within both drill holes to the regional geological trends in subject to ongoing investigation and is not reported. �� The true orientation of mineralized bodies at Carlow are known, however, this is not the case at Titan, so an assessment of the effect of drill orientation on sample bias can be made if further drilling is undertaken. Sample security �� The measures taken to ensure sample security. �� All drill samples collected from this drill hole were freighted by Artemis Resources directly to the ALS Global laboratory in Perth for analysis. �� Sample security was not considered a significant risk to the project. Only employees or contractors of Artemis Resources were involved in the collection, short term storage (in a remote area), and delivery of samples. Audits or reviews �� The results of any audits or reviews of sampling techniques and data. �� No formal audits or reviews have been conducted on sampling technique and data to date. Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.) Criteria JORC Code explanation Commentary Mineral tenement and land tenure status �� Type, reference name/number, location and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical sites, wilderness or national park and environmental settings. �� The security of the tenure held at the time of reporting along with any known impediments to obtaining a licence to operate in the area. �� The drill holes are part of a larger program being entirely conducted on E47/1797 held 100% by Artemis Resources. �� The tenement lies within the Ngarluma Native Title claim, with Heritage clearance having been completed. There is no heritage issues associated with the drill sites. �� The Tenement is in good standing with no known impediments. Exploration done by other parties �� Acknowledgment and appraisal of exploration by other parties. For previous exploration history please refer to Artemis announcement 13th October 2022. Geology �� Deposit type, geological setting and style of mineralisation. �� For previous description of geology for Carlow Castle mineral resource, refer to Artemis announcement 13th October 2022. Drill hole Information �� A summary of all information material to the understanding of the exploration results including a tabulation of the following information for all Material drill holes: o easting and northing of the drill hole collar o elevation or RL (Reduced Level - elevation above sea level in metres) of the drill hole collar o dip and azimuth of the hole o down hole length and interception depth o hole length. �� If the exclusion of this information is justified on the basis that the information is not Material and this exclusion does not detract from the understanding of the report, the Competent Person should clearly explain why this is the case. �� The drill hole collar locations are shown in diagrams in the body of the release. Drilling was conducted at the natural land surface. Elevation of the drill hole to be determined from a handheld DGPS instrument with an accuracy of +/- 0.1m. �� Diamond drill hole 25ARDD001 was drilled at 700 dip and 00 azimuth, depth hole is 714.6m �� Diamond drill hole 25ARDD002 was drilled at 600 dip and 3400 azimuth, depth of hole is 527.4m �� Diamond drill hole 25ARDD003 was drilled at 500 dip and 0450 azimuth depth of hole is 148.4m. �� Diamond drill hole 25ARDD004 was drilled at 650 dip and 0450 azimuth depth of hole is 162,5m �� Diamond drill hole 25ARDD005 was drilled at 700 dip and 0450 depth of hole is 237.3m Data aggregation methods �� In reporting Exploration Results, weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) and cut-off grades are usually Material and should be stated. �� Where aggregate intercepts incorporate short lengths of high grade results and longer lengths of low grade results, the procedure used for such aggregation should be stated and some typical examples of such aggregations should be shown in detail. �� The assumptions used for any reporting of metal equivalent values should be clearly stated. �� No data aggregation was used in this report. Relationship between mineralisation widths and intercept lengths �� These relationships are particularly important in the reporting of Exploration Results. �� If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. �� If it is not known and only the down hole lengths are reported, there should be a clear statement to this effect (eg 'down hole length, true width not known'). �� The holes drilled were exploratory in nature and the relationship between the reported minerals and the angle of the drill holes is not known precisely. No mineralisation intercepts have been reported in this document. Diagrams �� Appropriate maps and sections (with scales) and tabulations of intercepts should be included for any significant discovery being reported These should include but not be limited to a plan view of drill hole collar locations and appropriate sectional views. �� The drilling has been tabulated into a generalised section. Balanced reporting �� Where comprehensive reporting of all Exploration Results is not practicable, representative reporting of both low and high grades and/or widths should be practiced to avoid misleading reporting of Exploration Results. �� No assay results have been received for any of the mineralised drill samples. Other substantive exploration data �� Other exploration data, if meaningful and material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk samples - size and method of treatment; metallurgical test results; bulk density, groundwater, geotechnical and rock characteristics; potential deleterious or contaminating substances. �� The drill holes were designed to test a number of targets including an EM conductor plate, high grade mineralisation trends to the east of Carlow and extent to high grade surface rock chip samples. Further work �� The nature and scale of planned further work (eg tests for lateral extensions or depth extensions or large-scale step-out drilling). �� Diagrams clearly highlighting the areas of possible extensions, including the main geological interpretations and future drilling areas, provided this information is not commercially sensitive. �� On receipt of analytical results from ALS Global, Artemis will evaluate the results in combination with geological and structural data to determine whether follow up drilling is required at the three targets described in this announcement. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com. 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